Examlex
A lower interest rate makes more investment projects profitable, meaning that:
Fee Estate
An interest in land that grants the holder full ownership rights, potentially lasting indefinitely.
Life Estate
A property interest that lasts for the lifetime of a specific individual, after which the property passes to another designated party.
Conveyed
Transferred or passed on ownership, rights, or properties from one person to another.
Immediate Possession
Immediate possession refers to a legal situation where an individual or entity has the right to take control of a property or asset without delay.
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